Global Packaged Natural Mineral Water Market: Overview
Natural mineral water is procured from either natural or bored sources from water possessing strata beneath the crust of the earth’s surface. The water is collected in such a way that it ensures the essential microbiological purity along with existing chemical composites of key water constituents. The natural mineral water is then packaged near to the emergence source point with specific hygienic precautions without being subjected to any kind of treatment.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Packaged Natural Mineral Water Market: Growth Factors
The packaged natural mineral water market is likely to gain traction over the years to come, owing to the beneficial effects on the health of the individuals who consume it. Apart from this, the product contains calcium, magnesium, and potassium that help in improving the digestion process. In addition to this, consistent intake of packaged natural mineral water improves the skin sheet due to its skin friendly silica particle content helping in triggering of collagen production. Moreover, the intake of the product also aids in preventing pain & inflammation due to arthritis. All these aforementioned factors will boost business growth trends.
Furthermore, massive awareness about the health benefits of packaged miner water ingestion among the health conscious individuals will rapidly proliferate the prominent surge of the industry in the coming years. Apparently, the industry growth is more likely to be influenced by a rise in the popularity of premium product including packaged flavored sparkling natural mineral water as well as packaged flavored still natural mineral water. With vendors highlighting more on manufacturing environment friendly and innovative packaging for consumers, the market growth is anticipated to gain momentum in the coming decade. Government across the globe is promoting the use of the product with a massive focus on health & wellness of its citizens.
Moreover, many of the product recall has resulted in monetary constraints on the dealers and manufacturers along with increasing the operational costs. This has also tarnished the image of the brand among the consumers. This aspect can retard the market growth over the coming years.
Global Packaged Natural Mineral Water Market: Segmentation
The packaged natural mineral water market can be sectored into distribution channel and end-user. Based on the distribution channel, the market can be segregated into supermarkets, convenience stores, hypermarkets, and discount stores. On the basis of end-user, the packaged natural mineral water industry can be divided into residential and enterprise sectors.
Global Packaged Natural Mineral Water Market: Regional Analysis
The European region is projected to dominate the overall market growth over the forthcoming years, owing to escalating demand for the product in the countries such as Belgium, UK, France, and Germany. Furthermore, the Latin American market is slated to record massive gains over the estimated timeframe. High level of health consciousness among the population of the region will contribute towards the regional market surge.
Additionally, North America and the Asia Pacific are projected to make lucrative contributions towards the overall industry revenue in the coming years.
Global Packaged Natural Mineral Water Market: Competitive Players
Few of the main participants in packaged natural mineral water market are VEEN Waters, The Coca Cola Company, PepsiCo, Tata Global Beverages, Nestle S.A., Danone S.A., and Hangzhou Wahaha Group Co. Ltd.
Global Packaged Natural Mineral Water Market: Regional Segment Analysis
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